Orezone acquires ground in N.W. Que.
Junior Orezone Resources (ORZ-M) has re-acquired the Bourlamaque property on the eastern boundary of Placer Dome’s Sigma gold mine in Val d’Or, Que.The company sold the property last year, only to rep…
News
Values keep Black Swan hopeful
Drilling by Black Swan Gold Mines (BSW-T) at its Cata Preta gold prospect in Brazil’s Minas Gerais state, continues to return encouraging values.Trending in a northeast-to-southwestly direction over a…
East West looks to Guyana, Asia
Vancouver-based East West Resource (EWR-V) has signed a letter of intent to acquire interests in three concessions in Guyana and a gold deposit in Kyrghyzstan.The vendor is Nelson Bunker Hunt of Dalla…
Peruvian Gold tests Encanto prospect
Junior Peruvian Gold (PVO-V) is awaiting assay results from nine diamond drill holes on the Encanto gold porphyry prospect in northeastern Ecuador.To date, the program has spanned 921.8 metres, having…
THE DIAMOND PAGE — Ocean Diamond lands new listing on CDN
The shares of South African-based Ocean Diamond Mining (ODM) are now being traded on the Canadian Dealing Network under the symbol OCND.Since its formation in late 1983, the company has mined diamonds…
World Wide to take helm of Tselinny uranium project
Following a 5-month due diligence review, World Wide Minerals (WWS-T) has decided to assume management of the Tselinny uranium operations in north-central Kazakhstan.Under an agreement with Tselinny, …
Princeton pushing to bring Huckleberry to production
Despite a steady October drizzle that turns the ground to mud, crews are keeping up the pace of constructing a new, open-pit copper mine at the base of this Coast Range mountain.The steel girders are …
Bre-X shareholders to get dividend
Shareholders of Bre-X Minerals (BXM-T) will soon receive shares of Bro-X Minerals, a wholly owned subsidiary which acquired Bre-X’s interests in the Sable and Sangihe properties in Indonesia for $2.8 …
Correction (October 21, 1996)
Two holes drilled by Orvana Minerals (ORV-T) at the Butte Highlands gold property in Montana intersected 0.1 oz. gold per ton over 82.5 metres (including 25.3 ft. of 0.16 oz.) and 0.1 oz. over 91 ft. …
Misty sizing up Specogna gold deposit
On British Columbia’s Queen Charlotte Islands, Misty Mountain Gold (MGL-T) is drilling off its Specogna epithermal gold deposit in an attempt to amass sufficient data to calculate minable reserves.Dis…
Eastmain drilling at Clearwater
Eastmain Resources (ESTR-C) and the Quebec Crown corporation Soquem have resumed drilling at the Clearwater project in the Eastmain River greenstone belt in northwestern Quebec.The drilling is intende…
Scorpion announces equity financing
Toronto-based Scorpion Minerals (SCP-T) has entered into an agreement with Loewen Ondaatje McCutcheon for a special warrant financing in order to raise $15-$19.5 million.Through a wholly owned subsidi…